LIC MF Infrastructure Fund Direct Growth
Equity
Direct
Equity - Infrastructure
NAV as on 06-09-2024
₹ 57.97
1D
Inception Returns
18%
/yr
About the Fund
LIC MF Infrastructure Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.
Key Parameters
- LIC MF Infrastructure Fund Direct Growth has ₹725 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
LIC MF Infrastructure Fund Direct Growth has given a CAGR return of 17.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 73.44%, 35.21% and 32.23% respectively.
Holdings
LIC MF Infrastructure Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Utilities, Financial Services, Tech, Health, Communication, Real Estate, Energy. Its top holdings are Schneider Electric Infrastructure Ltd, Bharat Bijlee Ltd, Shakti Pumps (India) Ltd, Garware Hi-Tech Films Ltd, Cummins India Ltd
Taxation
As it is a equity - infrastructure mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of LIC MF Infrastructure Fund Direct Growth
The investment objective of the scheme is to generate long-term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. However, there is no assurance that the investment objective of the Schemes will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. LIC MF Infrastructure Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2107 people have invested ₹ 7.1Cr in LIC MF Infrastructure Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.42% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹725 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 49.64% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Small cap
56.6%
Mid cap
16.6%
Large cap
15.2%
Sector Allocation
Industrial
59.7%
Basic Materials
10.7%
Consumer Cyclical
7.2%
Utilities
6.8%
Financial Services
4.7%
Tech
3%
Health
2.4%
Communication
2.4%
Real Estate
2.3%
Energy
1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 5.64% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.10% in Jul'24
- AUM of the fund stands at 619.2 Cr as of Jul'24
- AUM increased by 189 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Schaeffler India Ltd's allocation increased from 0.95% to 1.82%
Kirloskar Pneumatic Co Ltd's allocation increased from 1.33% to 2.1%
Larsen & Toubro Ltd's allocation increased from 1.44% to 2.2%
Top Stocks sold last month
Bharat Bijlee Ltd's allocation decreased from 4.79 % to 3.59 %
Shakti Pumps (India) Ltd's allocation decreased from 3.08 % to 3.03 %
Garware Hi-Tech Films Ltd's allocation decreased from 4.13 % to 3.01 %
Mid Cap allocation has gone up from 11.8% to 13%
Large Cap allocation has gone down from 16.8% to 15.4%
Small Cap allocation has gone down from 65.6% to 61.3%
Cash allocation has gone up from 5.9% to 5.9%
Top 3 Sectors in July were Industrial, Basic Materials & Utilities
Jul'24
Industrial
60%
Basic Materials
11%
Consumer Cyclical
7%
Jun'24
Industrial
63%
Basic Materials
9%
Utilities
9%
See all
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Yogesh Patil
Fund Manager of LIC MF Infrastructure Fund Direct Growth, since 18 September 2020
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹23.19K Cr
as on 31-Jul-2024
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - infrastructure). Its expense ratio is 1.42% which is lower than the category average expense ratio of 1.52%.
Over the last 3 months, this fund has increased expense ratio by 17.4% moving from 1.21 to 1.42.
In the last 3 years, ICICI Prudential Infrastructure Fund Direct Plan Growth has given 38.06% return, outperforming this fund by 2.85% per annum.
Over the last 6 months, this fund has experienced a 264.6% growth in AUM moving from 198.87 Cr to 725.1 Cr.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 5 years, Quant Infrastructure Fund Growth Option Direct Plan has given 40.63% return, outperforming this fund by 8.4% per annum.
LIC MF Infrastructure Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.95% since inception which is more than its category average return of 14.83%
Fund Allocations
This fund has an allocation of 94.06% in Equity, 0% in Debt and 5.94% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 1994 Cr
Expense Ratio 1.42%
This fund has an expense ratio of 1.42% which is less than its category average expense ratio of 1.71%
Frequently Asked Questions
The current NAV of LIC MF Infrastructure Fund Direct Growth is ₹57.97 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
LIC MF Infrastructure Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.11% | 4.11% |
6 Month Returns | 37.76% | 37.76% |
1 Year Returns | 73.44% | 73.44% |
3 Years Returns | 147.19% | 35.21% |
5 Years Returns | 304.19% | 32.23% |
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1.42% as on August 2024
₹725 Cr as on August 2024
Schneider Electric Infrastructure Ltd(4.21%), Bharat Bijlee Ltd(3.59%), Shakti Pumps (India) Ltd(3.03%), Garware Hi-Tech Films Ltd(3.01%), Cummins India Ltd(2.97%) as on August 2024
Industrial(56.11%), Basic Materials(10.07%), Consumer Cyclical(6.74%) as on August 2024
The alpha ratio for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
LIC MF Infrastructure Fund Direct Growth | 28.02 | 13.33 | 5.58 |
As on August 2024
The alpha for LIC MF Infrastructure Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
LIC MF Infrastructure Fund Direct Growth | 0.63 | 0.71 | 0.95 |
As on August 2024
The Beta for LIC MF Infrastructure Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
LIC MF Infrastructure Fund Direct Growth | 3.73 | 2.01 | 1.24 |
As on August 2024
The sharpe ratio for LIC MF Infrastructure Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF Infrastructure Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
LIC MF Infrastructure Fund Direct Growth | 14.57 | 13.73 | 20.68 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 5.85 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Yogesh Patil is the fund manager of LIC MF Infrastructure Fund Direct Growth
The Exit load of LIC MF Infrastructure Fund Direct Growth is 1%